Dillard's (DDS) To Report Q1 Earnings: What's In The Offing?
Zacks Investment Research | May 08, 2019 09:20PM ET
Dillard's, Inc. (NYSE:DDS) displays mixed outcomes when it comes to quarterly releases. The company’s past quarters reflect positive earnings and sales beat trends. However, this departmental store chain is likely to continue witnessing a year-over-year decline in the bottom line when it reports first-quarter fiscal 2019 numbers.
In the last reported quarter, this Arkansas-based company posted an earnings beat despite a year-over-year decline. However, the company delivered average four-quarter positive earnings surprise of 11.2%.
Coming to projections for the quarter under review, we note that the Zacks Consensus Estimate for the company’s earnings is pegged at $2.70, suggesting a drop of 6.6% from $2.89 earned in the year-ago period. Notably, estimates have witnessed a downtrend in the past 30 days. For revenues, the consensus mark stands at $1,484 million, indicating nearly 0.4% decline from the year-ago quarter.
Dillard's, Inc. Price and EPS Surprise
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